Local school operating revenue definition

Local school operating revenue means school operating taxes levied under section 1211 of the revised school code, MCL 380.1211. For a receiving district, if school operating taxes are to be levied on behalf of a dissolved district that has been attached in whole or in part to the receiving district to satisfy debt obligations of the dissolved district under section 12 of the revised school code, MCL 380.12, local school operating revenue does not include school operating taxes levied within the geographic area of the dissolved district.
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Local school operating revenue means school operating taxes levied under section 1211 of the revised school code, MCL 380.1211.
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Local school operating revenue means that term as defined in section 22b.
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Examples of Local school operating revenue in a sentence

  • Local school operating revenue per membership pupil" means that term as defined in section 20.

  • Notwithstanding section 17b, the department shall make calculations and payments under this subsection in a form and manner determined by the department.(13) As used in this section:(a) "Dissolved district" means that term as defined in section 20.(b) "Local school operating revenue" means school operating taxes levied under section 1211 of the revised school code, MCL 380.1211.

  • Local school operating revenue per membership pupil" means a district's local school operating revenue divided by the district's membership excluding special education pupils.


More Definitions of Local school operating revenue

Local school operating revenue means that term as defined in
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Local school operating revenue means school operating taxes levied under
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Local school operating revenue means school operating
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Related to Local school operating revenue

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Net Revenues means the difference between:

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”